AH shares fluctuated higher, with the Shanghai Composite Index rising 0.2%. The military industry and banking sectors were active, the Hang Seng Index rose 0.3%, LAOPU GOLD increased by over 3%, government bonds rose, and commodities fell

On August 4th, the A-shares experienced fluctuations and consolidation in the morning session. After a lower opening, the Shanghai Composite Index turned positive, while the Shenzhen Component Index and the ChiNext Index narrowed their declines. Precious metals and military stocks were active, and bank stocks rose. The Hong Kong stock market saw a volatile rise in the morning, with the Hang Seng Index and the Hang Seng Tech Index recovering after a lower opening. Large tech stocks mostly declined, while financial stocks and precious metal stocks rose, with LAOPU GOLD increasing by over 3%. In the bond market, government bond futures generally rose. In terms of commodities, domestic commodity futures fell, with coking coal dropping over 6% at one point in the morning. Core market performance:

A-shares: Shanghai Composite Index rose 0.18%, Shenzhen Component Index fell 0.30%, ChiNext Index fell 0.50%.

Hong Kong stocks: As of the time of writing, the Hang Seng Index rose 0.26%, and the Hang Seng Tech Index rose 0.67%.

Bond market: Government bond futures generally rose. As of the time of writing, the 30-year main contract rose 0.42%, the 10-year main contract rose 0.12%, the 5-year main contract rose 0.06%, and the 2-year main contract rose 0.01%.

Commodities: Domestic commodity futures fell. As of the time of writing, coking coal fell 3.8%, having previously dropped over 6%. Glass, container shipping index, eggs, industrial silicon, and coke all fell over 2%. Polysilicon, PVC, silicon iron, and soda ash fell over 1%. Methanol, pulp, ethylene glycol, hot-rolled plates, rubber, stainless steel, and rebar also declined. Soybean meal and lithium carbonate rose over 1%.

09:59

The Hang Seng Index and the Hang Seng Tech Index have turned positive, both rising over 0.2%.

09:50

The Hong Kong stock market saw a rise in the concept of non-ferrous metals, with Chifeng Gold rising 8%, and Zhaojin Mining, Shandong Gold, and Tongguan Gold leading the gains.

09:45

The Shanghai Composite Index turned positive. Bank stocks fluctuated and strengthened, with Agricultural Bank rising over 2% to reach a new high, followed by Pudong Development Bank, Qingdao Bank, Industrial and Commercial Bank of China, Jiangsu Bank, and Industrial Bank.

The precious metals sector rose, with Chifeng Jilong Gold Mining rising over 6%, and Shandong Gold, Xiaocheng Technology, and others rising over 4%.

09:38

The robotics and reducer concepts continued their strong performance from last Friday, with Zhongma Transmission hitting a two-day limit up, and Dongjie Intelligent reaching a 20cm limit up, followed by Xiaxia Precision, Riying Electronics, Rongtai Co., Zhejiang Rongtai, and Changsheng Bearings.

09:34

Military stocks rose again in the morning session, with Aileda on the ChiNext soaring to the limit up, and Great Wall Military Industry, Aerospace Electronics, Construction Industry, and Northern Long Dragon all surging.

09:31

Film and television stocks remained active, with Jishi Media nearing the limit up, and China Film rising over 8%, along with Beijing Culture, Jiecheng Co., Tianfu Cultural Tourism, and Huace Film & Television opening higher.

09:29

Government bond futures opened, with the 30-year main contract rising 0.51%, the 10-year main contract rising 0.13%, the 5-year main contract rising 0.08%, and the 2-year main contract rising 0.03%.

09:26

The Shanghai Composite Index opened down 0.36%, and the ChiNext Index fell 0.66%. The AI industry chain generally corrected, with CPO and AI application concepts leading the declines, while PCB and Huakun Zhenyu concepts collectively fell.

09:21

The Hang Seng Index opened down 0.31%, at 24,431.88 points; the Hang Seng Tech Index fell 0.66%. BYD shares fell nearly 3%, with Kuaishou, Alibaba, JD Health, and others falling over 1%; Nio rose 2.4%

09:01

Commodity futures opened, with coking coal and crude oil main contracts falling over 3%, while coking coal, LU fuel oil, glass, fuel oil, industrial silicon, and polysilicon fell over 2%. Red dates and Shanghai gold rose over 1%.